SpyGlass Pharma, Inc. (SGP) — Cash Flow-to-Debt Ratio

Latest as of June 2026: -1.34x

SpyGlass Pharma, Inc. (SGP) has a Cash Flow-to-Debt Ratio of -1.34x as of June 2026, meaning its operating cash flow of $-14.84 Million could theoretically repay -1% of its total liabilities ($11.07 Million) in one year. See SpyGlass Pharma, Inc. financial flexibility index to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

-1.34x
Operating CF / Total Liabilities

Operating Cash Flow

$-14.84 Million
USD

Total Liabilities

$11.07 Million
USD

Data as of

Jun 2026
Most recent filing

SpyGlass Pharma, Inc. Cash Flow-to-Debt Ratio (2023–2025)

Historical debt coverage capacity for SpyGlass Pharma, Inc. across 3 annual periods. For the full cash flow conversion analysis, see SGP cash flow conversion.

Annual Cash Flow-to-Debt Ratio for SpyGlass Pharma, Inc. (2023–2025)

Year-by-year debt coverage analysis for SpyGlass Pharma, Inc..

Year CF-to-Debt Ratio Operating CF (USD) Total Liabilities YoY Change
2025 -0.15x $-32.70 Million $214.70 Million ▲ +42.1%
2024 -0.26x $-22.03 Million $83.79 Million ▼ -58.7%
2023 -0.17x $-12.28 Million $74.13 Million —
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.